Indo Rama Synthetics (India) Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 10,991.6 million compared to INR 6,198.2 million a year ago. Revenue was INR 11,024.7 million compared to INR 6,202.2 million a year ago. Net income was INR 954 million compared to INR 761.7 million a year ago. Basic earnings per share from continuing operations was INR 3.65 compared to INR 2.92 a year ago. Diluted earnings per share from continuing operations was INR 3.65 compared to INR 2.92 a year ago.
For the nine months, sales was INR 27,863.7 million compared to INR 12,145 million a year ago. Revenue was INR 27,920.5 million compared to INR 12,277.9 million a year ago. Net income was INR 1,619.3 million compared to net loss of INR 152.7 million a year ago. Basic earnings per share from continuing operations was INR 6.2 compared to basic loss per share from continuing operations of INR 0.58 a year ago. Diluted earnings per share from continuing operations was INR 6.2 compared to diluted loss per share from continuing operations of INR 0.58 a year ago.